Firm
Hindenburg shorts data centre firm Equinix alleging inflated profit metric
HINDENBURG Research on Wednesday (Mar 20) disclosed a short position in data centre firm Equinix that operates as a real estate investment trust (Reit), alleging exaggerated profitability metric amid...
Biotech firm Valneva guides for nearly double product sales by 2026
FRANCE’S Valneva on Wednesday (Mar 20) said it expects to nearly double its annual product sales by 2026, and edged up its 2024 product sales guidance as it banks...
For hard-hit tech workers, AI is a silver lining
For the thousands of tech workers recently laid off in California and across the country, the future may not be as bleak as it looks right now: Many are...
BlackRock files with SEC to offer fund with tokenisation firm Securitize
BLACKROCK is preparing to offer a fund through a partnership with digital asset specialist Securitize, making it the latest Wall Street behemoth to experiment with putting money on blockchains....
Disney receives endorsement from proxy advisory firm in board battle
WALT Disney on Monday (Mar 18) received a critical endorsement from a proxy advisory firm which can sway investor voting when Glass Lewis urged shareholders to re-elect all of...
Gold listless as central bank meetings loom, US dollar holds firm
GOLD struggled for momentum in early Asian hours on Monday (Mar 18) as the US dollar held firm and investors braced for a series of major central bank policy...
Uber to pay A$272 million to settle lawsuit with Australia taxi drivers, law firm says
UBER has agreed to pay A$271.8 million (S$238.5 million) to settle a lawsuit in Australia brought by taxi operators and drivers, who alleged they lost income when the ride-hailing...
Buyouts help Temasek-backed hospital firm vie for top India spot
MANIPAL Health Enterprises is looking to acquire a smaller India hospital chain – its fourth buyout since 2020 – that can propel the Temasek Holdings-backed firm to being the...
